```
                                    FORM 10-Q

                                  United States
                       Securities and Exchange Commission
                             Washington, D. C. 20549

 (Mark One)
      X         Quarterly Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                      For Quarter Ended: November 30, 2002
                                       OR
      _         Transition Report Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                         Commission File Number: 0-14820

                                  IMMUCOR, INC.
             (Exact name of registrant as specified in its charter)

                Georgia                                22-2408354
       (State or other jurisdiction of              (I.R.S. Employer
       incorporation or organization)              Identification No.)

          3130 Gateway Drive P.O. Box 5625 Norcross, Georgia 30091-5625
          (Address of principal executive offices)           (Zip Code)

                  Registrant's telephone number: (770) 441-2051

     Indicate  by check mark  whether the  registrant  (1) has filed all reports
required to be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days.

                                    Yes X     No

     Indicate by check mark whether the registrant is an  accelerated  filer (as
defined in Rule 12b-2 of the Exchange Act).

                                    Yes       No X

     Indicate the number of shares  outstanding of each of the issuer's  classes
of common stock, as of the latest practicable date.

       As of December 31, 2002: Common Stock, $0.10 Par Value - 12,603,252
```

```

                                                             IMMUCOR, INC.
                                                      CONSOLIDATED BALANCE SHEETS
---------------------------------------------------------------------------------------------------------------------------------

                                                                                        November 30, 2002       May 31, 2002
                                                                                      -------------------------------------------
ASSETS                                                                                    (Unaudited)             (Audited)

CURRENT ASSETS:
   Cash and cash equivalents                                                                 $  5,839,208       $  4,012,560
   Accounts receivable, trade (less allowance for doubtful
     accounts of $1,722,624 at November 30, 2002 and
     $1,483,688 at May 31, 2002)                                                               27,477,374         27,182,566
   Inventories                                                                                 17,601,402         15,557,034
   Income taxes receivable                                                                        399,524            592,097
   Deferred income taxes                                                                          987,491            987,491
   Prepaid expenses and other                                                                   2,079,664          1,834,521
                                                                                             ------------       ------------
     Total current assets                                                                      54,384,663         50,166,269

LONG-TERM INVESTMENT - At cost                                                                  1,000,000          1,000,000

PROPERTY, PLANT AND EQUIPMENT - Net                                                            17,144,100         17,027,024

DEFERRED INCOME TAXES                                                                             889,906            889,906

OTHER ASSETS - Net                                                                              2,807,870          2,977,130

DEFERRED LICENSING COSTS - Net                                                                  1,239,523          1,370,620

CUSTOMER LIST - Net                                                                             1,352,500          1,395,000

EXCESS OF COST OVER NET TANGIBLE ASSETS ACQUIRED - Net                                         26,596,030         26,541,514
                                                                                             ------------       ------------
                                                                                             $105,414,592       $101,367,463
                                                                                             ============       ============

See notes to consolidated financial statements.
```

```
                                                            IMMUCOR, INC.
                                                CONSOLIDATED BALANCE SHEETS (continued)
----------------------------------------------------------------------------------------------------------------------------------

                                                                                        November 30, 2002       May 31, 2002
                                                                                      --------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY                                                       (Unaudited)             (Audited)

CURRENT LIABILITIES:
   Current portion of borrowings under bank line of credit agreements                     $    1,784,510          $    1,995,630
   Current portion of long-term debt                                                           4,644,000               3,662,304
   Current portion of capital lease obligations                                                  804,277                 975,506
   Accounts payable                                                                            8,204,310               8,136,198
   Income taxes payable                                                                          355,307               3,165,247
   Accrued salaries and wages                                                                  1,292,862               1,821,452
   Deferred income taxes                                                                         340,980                 371,404
   Other accrued liabilities                                                                   1,756,536               2,968,701
                                                                                      ----------------------  --------------------
     Total current liabilities                                                                19,182,782              23,096,442

BORROWINGS UNDER BANK LINE OF CREDIT AGREEMENTS - Net of current portion                       2,861,151               3,033,683

LONG-TERM DEBT - Net of current portion                                                       20,234,487              27,294,082

CAPITAL LEASE OBLIGATIONS - Net of current portion                                             1,000,484               1,252,948

DEFERRED INCOME TAXES                                                                          2,082,536               2,035,387

OTHER LIABILITIES                                                                              1,072,885                 702,047

SHAREHOLDERS' EQUITY:
   Common stock - authorized 45,000,000 shares, $0.10 par value; 12,600,536 and
     11,555,645 issued and outstanding at November 30, 2002 and May 31, 2002,
     respectively                                                                              1,260,053               1,155,563
   Additional paid-in capital                                                                 27,552,563              19,520,658
   Retained earnings                                                                          35,039,301              28,671,351
   Accumulated other comprehensive loss                                                       (4,871,650)             (5,394,698)
                                                                                      ----------------------  --------------------
     Total shareholders' equity                                                               58,980,267              43,952,874
                                                                                      ----------------------  --------------------
                                                                                           $ 105,414,592           $ 101,367,463
                                                                                      ======================  ====================

See notes to consolidated financial statements.
```

```

                                                         IMMUCOR, INC.
                                                 CONSOLIDATED STATEMENTS OF OPERATIONS
                                                              (Unaudited)

                                                                Three Months Ended                  Six Months Ended
                                                         November 30,     November 30,      November 30,     November 30,
                                                             2002             2001              2002             2001

NET SALES                                                  $ 23,675,053        $ 20,918,272        $ 46,890,484        $ 39,558,234

COST OF SALES                                                10,025,022           9,093,201          19,891,786          18,470,710
                                                           ------------        ------------        ------------        ------------
GROSS MARGIN                                                 13,650,031          11,825,071          26,998,698          21,087,524
                                                           ------------        ------------        ------------        ------------
OPERATING EXPENSES:
     Research and development                                   414,396             492,692             780,007             979,704
     Selling and marketing                                    3,359,544           3,175,111           6,696,444           6,004,720
     Distribution                                             1,651,596           1,657,027           3,384,403           3,290,735
     General and administrative                               2,486,173           2,345,100           4,700,393           4,294,019
     Amortization expense                                       127,181             406,705             199,747             814,516
                                                           ------------        ------------        ------------        ------------
        Total operating expenses                              8,038,890           8,076,635          15,760,994          15,383,694
                                                           ------------        ------------        ------------        ------------
INCOME FROM OPERATIONS                                        5,611,141           3,748,436          11,237,704           5,703,830
                                                           ------------        ------------        ------------        ------------
OTHER INCOME (EXPENSE):
     Interest income                                             42,011               2,600              87,283               3,668
     Interest expense                                          (558,332)         (1,427,519)         (1,372,954)         (2,579,937)
     Other - net                                                369,201             499,606             170,019           1,172,186
                                                           ------------        ------------        ------------        ------------
        Total other                                            (147,120)           (925,313)         (1,115,652)         (1,404,083)
                                                           ------------        ------------        ------------        ------------
INCOME BEFORE INCOME TAXES                                    5,464,021           2,823,123          10,122,052           4,299,747

INCOME TAX EXPENSE                                            2,062,874             591,983           3,726,427             815,931
                                                           ------------        ------------        ------------        ------------
NET INCOME                                                 $  3,401,147        $  2,231,140        $  6,395,625        $  3,483,816
                                                           ============        ============        ============        ============
Earnings per share:
     Basic                                                 $       0.28        $       0.20        $       0.52        $       0.32
                                                           ============        ============        ============        ============
     Diluted                                               $       0.26        $       0.20        $       0.48        $       0.32
                                                           ============        ============        ============        ============
Weighted average shares outstanding:
     Basic                                                   12,285,602          10,916,425          12,233,720          10,916,425
                                                           ============        ============        ============        ============
     Diluted                                                 13,264,735          11,025,060          13,238,636          10,984,704
                                                           ============        ============        ============        ============
See notes to consolidated financial statements.
```

```

                                                            IMMUCOR, INC.
                                                 CONSOLIDATED STATEMENTS OF CASH FLOWS
                                                              (Unaudited)
-----------------------------------------------------------------------------------------------------------------------------
                                                                                                  Six Months Ended
                                                                                           November 30,      November 30,
                                                                                               2002              2001
                                                                                         ------------------------------------
OPERATING ACTIVITIES:
   Net income                                                                                $6,395,625         $3,483,816
   Adjustments to reconcile net income to net cash provided by operating activities:
     Depreciation and amortization of property and equipment                                  2,256,840          1,824,443
     Amortization of other assets and excess of cost over net tangible assets acquired          199,747            814,516
     Amortization of debt issue costs                                                           224,907             76,417
     Provision for doubtful accounts                                                            199,054            280,000
     Disposal of assets in settlement                                                                 -            806,108
     Impairment of fixed assets                                                                       -            268,539
     Deferred tax provision                                                                      16,725             31,525
     Changes in operating assets and liabilities:
       Accounts receivable, trade                                                              (493,862)        (4,160,249)
       Loan to officer                                                                                -            145,000
       Income taxes                                                                            (301,175)           420,082
       Inventories                                                                           (2,044,368)           588,683
       Other current assets                                                                    (899,637)        (1,445,043)
       Other long-term assets                                                                   (55,039)           269,398
       Accounts payable                                                                         493,112          1,453,463
       Other current liabilities                                                             (1,740,753)         1,650,652
       Other long-term liabilities                                                              370,840             29,923
                                                                                         -----------------  -----------------
         Total adjustments                                                                   (1,773,609)         3,053,457
                                                                                         -----------------  -----------------
Cash provided by operating activities                                                         4,622,016          6,537,273

INVESTING ACTIVITIES:
   Purchases of / deposits on property and equipment                                         (2,030,936)        (1,702,471)
                                                                                         -----------------  -----------------
Cash used in investing activities                                                            (2,030,936)        (1,702,471)

FINANCING ACTIVITIES:
   Borrowings under line of credit agreements net of repayments                                (349,529)          (669,274)
   Repayment of notes payable                                                                         -           (172,091)
   Borrowings under long-term debt and capital lease obligations net of repayments           (6,861,688)        (4,098,151)
   Payment of debt issue costs                                                                 (425,000)          (301,362)
   Exercise of stock options and warrants (1,044,892 shares)                                  6,447,020                  -
                                                                                         -----------------  ----------------
Cash used in financing activities                                                            (1,189,197)        (5,240,878)

EFFECT OF EXCHANGE RATE CHANGES ON CASH                                                         424,765            832,544
                                                                                         -----------------  ----------------
INCREASE  IN CASH AND CASH EQUIVALENTS                                                        1,826,648            426,468

CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD                                              4,012,560          3,124,517
                                                                                         -----------------  ----------------
CASH AND CASH EQUIVALENTS AT END OF PERIOD                                                   $5,839,208         $3,550,985
                                                                                         =================  ================

See notes to consolidated financial statements.
```

```

                                  IMMUCOR, INC.
                   Notes to Consolidated Financial Statements
                                   (Unaudited)
```

1.   BASIS OFPRESENTATION